Market in very tight range - Awaiting for Tuesday Election results

Not much activity on currencies, with the market trading in a very tight ranges until the results of Tuesday's midterm congressional elections are known.Traders think that the dollars should improve if the Republicans retain control of the House and Senate, as that would be perceived as creating a harmonious environment for the dollar.

On the Other hand, If the Democrats take control, which is more likely, then the market will see the change as negative for the dollar, as it could create a climate in which it will be difficult to pass legislation.